If someone were to renounce U.S Citizenship, to then become an NRA, (U.K Citizen only) how would the taxation of their IRA and 401(k) be treated? Would the DTA mean that the U.S. sourced retirement distribution, (periodic or lump sum) be only taxed in the U.K, (self assessment) or would you need to file a 1040NR(EZ) as well?
Thanks